Construction Plan for Getaci as Indonesia’s Longest Toll Road Faces Further Delay

The Getaci Toll Road project underwent a retender process due to the departure of PT Waskita Karya (Persero) Tbk (WSKT) from the PT Jasa Marga Gede Bage Cilacap (PT JGC) consortium, which was responsible for the construction of the Getaci toll road.

Alifian Asmaaysi & Yanita Petriella

7 Feb 2024 - 20.57
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Construction Plan for Getaci as Indonesia’s Longest Toll Road Faces Further Delay

Getaci Toll Road

Bisnis, JAKARTA – The construction of what will be Indonesia’s longest toll road, the Gedebage – Tasikmalaya – Cilacap (Getaci) toll road spanning 206.65 kilometers, has been delayed once again. Originally scheduled to commence construction in the Q2 2024, the Ministry of Public Works and Housing (PUPR) has extended the auction process timeline, pushing the construction start date to the Q4 of this year.

The retender for the Getaci Toll Road project was initiated due to the withdrawal of PT Waskita Karya (Persero) Tbk (WSKT) from the PT Jasa Marga Gede Bage Cilacap (PT JGC) consortium responsible for the construction.

Originally, the project involved eight companies within the PT JGC consortium, including PT. Jasa Marga Tbk (JSMR), a partnership of PT Daya Mulya Turangga, PT Gama Group, and PT Jasa Sarana, along with PT Pembangunan Perumahan Tbk (PTPP) and PT Wijaya Karya Tbk (WIKA).

JGC, established as a Toll Road Business Entity (BUJT) by the winning consortium, has a capital structure outlined as follows: it possesses an authorized capital totaling Rp5,42 trillion, with an issued and paid-up capital amounting to Rp2,88 trillion.

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© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.